Bangalore-based logistics startup LetsTransport has raised $ 1.3 million in funding from a round led by Singapore-based Japanese venture capital firm Rebright Partners along with participation from angel investors Ankush Nijhawan, Gaurav Bhatnagar and Manish Dhingra

"We plan to use the newly raised funds to build our team, improve our technological infrastructure and expand into other cities," says Pushkar Singh, CEO and Co-Founder of LetsTransport

This investment also marks the largest seed investment Rebright Partners have led in India.

Founded by IIT-Kharagpur alumni Pushkar Singh, Sudarshan Ravi and Ankit Parasher, the company offers customized logistics solutions for customers. The service comes with pre-screened drivers, GPS-enabled vehicles, point-to-point billing and 24X7 service.

The company currently claims to have a fleet of over 100 vehicles and has crossed over 3000 trips in the past month. The hire charges Rs 350 for the first five kilometers and Rs 25 for every additional kilometer from then on.

The service, which currently operates in Bangalore, will soon be expanding into Chennai and other cities in the northern region in the coming months.

In June LetsTransport had acquired Bangalore-based company Shifter, which offers a mini-truck procurement service.